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What We Read Today 03 August 2013

admin by admin
8월 3, 2013
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Econintersect: Click Read more >> below graphic to see today’s list.


The top of today’s reading list reports on another brand new interest rate manipulation scam by the world’s largest banks which essentially amounts to stealing from the elderly, widows and orphans…….. and the last article discusses why the most dishonest bankers are walking away with the most money.

  • Swaps Probe Finds Banks Rigged Rate at Expense of Retirees (Matthew Leising, Bloomberg)  Profiteering at the expense of pension funds.
  • The Federal Reserve in a Time for Doves (Kenneth Rogoff, Project Syndicate)
  • A Fast-Food Joint Thrives, Even by Paying $12 an Hour (Daniel Gross, The Daily Beast)
  • Hate To Say It, But If Companies Don’t Start Paying People Better, We May Need Unions (Henry Blodget, Business Insider)  It really is class warfare.

unions-prosperity

  • Joe Friday: “Interest Rates Could Rise Another 13%” (Chris Kimble, Advisor Perspectives)  Chris Kimble has copntributed to Global Economic Intersection.
  • REIT Dividends and Potential Benefits to the Long-Term Investor (Christopher Barker, Managers Investment Group, Advisor Perspectives)  REITs have great returns but also took a big hit in 2007-09.

reit-returns

  • The North Pole is now a lake! Are you afraid yet? (Fabius Maximus) Fabius Maximus has contributed to Global Economic Intersection.
  • Week Ahead: Focus on global data and Fed speeches (New York Financial Press)  Click on picture below to watch short video.

trader-working-floor

  • A Bubble Continues To Form In The Stock Market (James A. Kostohryz, Seeking Alpha)
  • ‘The most dishonest bankers walk away with the most money’ (Joris Luydendijk, The Guardian)
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Are Young Borrowers Bad Borrowers?

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